24M Technologies
Latest round
- Series H
Last raised
- Sep 2024
Total raised
- $201M
Investors
- 13
About 24M Technologies
24M Technologies, Inc.Founded in 2010 and headquartered in Cambridge, US, 24M Technologies, Inc. focuses on developing innovative battery technologies., Ltd.24M Technologies specializes in innovative battery solutions designed to enhance performance and efficiency in various applications, including electric vehicles (EVs), energy storage systems (ESS), and consumer electronics. The company's core offerings comprise the 24M ETOP (electrode-to-pack) platform, Eternalyte electrolyte, LiForever electrode, and the Impervio separator, all of which integrate seamlessly into existing production lines. These products address critical challenges such as cost, energy density, cold-weather performance, and recyclability, allowing manufacturers to create custom battery solutions tailored to specific use cases.S.Revenue generation for 24M Technologies is structured around partnerships and direct sales, focusing on B2B transactions with manufacturers in the automotive, aerospace, and electronics sectors. The company's flagship products, including the 24M ETOP platform and Eternalyte electrolyte, are offered to clients through tailored agreements that emphasize low capital investment and risk mitigation. These arrangements may include long-term contracts or subscription models that facilitate ongoing support and product integration.In September 2024, 24M Technologies, Inc., Ltd. The company is focused on launching new products and expanding into additional markets, with an emphasis on the automotive and energy sectors. Specific geographical regions targeted for expansion have not yet been disclosed.
Who invested in 24M Technologies
13 investors across 6 rounds
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Questions about 24M Technologies
Who invested in 24M Technologies?
24M Technologies has 13 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has 24M Technologies raised?
24M Technologies has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did 24M Technologies last raise money?
24M Technologies's most recent round on record is a Series H, in Sep 2024.
What does 24M Technologies do?
24M Technologies is a energy storage & batteries company.
Where is 24M Technologies headquartered?
24M Technologies is headquartered in Cambridge, US.
Which VCs invest in companies like 24M Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at 24M Technologies's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series H
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